§206E-156  Revenue bonds; investment of
proceeds, and redemption.  Subject to any agreement with the holders of its
revenue bonds, the authority may:



(1)  Invest its moneys not required for immediate use,
including proceeds from the sale of revenue bonds, in any investment in
accordance with procedures prescribed in a trust indenture; and



(2)  Purchase its revenue bonds out of any fund or
money of the authority available therefor, and hold, cancel, or resell the
revenue bonds. [L 1985, c 268, pt of §1]